Bitcoin Forum

Economy => Speculation => Topic started by: RockHound on May 01, 2014, 12:16:52 AM



Title: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 01, 2014, 12:16:52 AM
Here's a list of all the registered banks in China, (Ones that cannot have accounts related to bitcoin in orange)

So most banks are still cool/operating deposits and withdrawals?

Banks owned by central government:

Agricultural Bank of China
Bank of China
Bank of Communications
China CITIC Bank
China Construction Bank
China Development Bank
Exim Bank of China. (Export Import Bank of China)
Hua Xia Bank
Industrial and Commercial Bank of China
People's Bank of China
Postal Savings Bank of China
   
Banks owned by local governments:

Bank of Beijing
Bohai Bank
China Merchants Bank
Dalian Bank
Shengjing Bank
Bank of Jinzhou
Bank of Jilin   
Harbin Bank
Industrial Bank
Fujian Haixia Bank
Guangdong Development Bank
Bank of Ningbo
Ping An Bank
Bank of Shanghai
Shanghai Pudong Development Bank
Shenzhen City Commercial Bank
Shenzhen Development Bank
Zhejiang Tailong Commercial Bank
China Everbright Bank
China Guangfa Bank


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: WildCrescent on May 01, 2014, 12:53:23 AM
Simply check latest regulations in Chinese :)


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: yomofo on May 01, 2014, 11:36:03 AM
huaxia bank
http://www.google.com/translate?hl=en&ie=UTF8&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.hxb.com.cn%2Fchinese%2Fcallcenter%2Fshow.jsp%3Fcid2%3D691118%26id%3D13986536615280489


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: blatchcorn on May 01, 2014, 11:38:28 AM
It's all priced in.  Look at the 2 year charts.  We are at the bottom.


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: Dalmar on May 01, 2014, 11:41:37 AM
It's all priced in.  Look at the 2 year charts.  We are at the bottom.

Chinese exchanges still have access to some banks. PBOC vs Chinese exchanges Whac A Mole aint over.


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: blatchcorn on May 01, 2014, 11:42:53 AM
It's all priced in.  Look at the 2 year charts.  We are at the bottom.

Chinese exchanges still have access to some banks. PBOC vs Chinese exchanges Whac A Mole aint over.

No one gives a crap about China anymore.  There are no more weak hands left.


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: Dalmar on May 01, 2014, 11:45:12 AM
No one gives a crap about China anymore.  There are no more weak hands left.

The problem is not more Chinese dumps, but the lack of fresh Chinese money to sustain an uptrend to the moon.


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: Miz4r on May 01, 2014, 01:38:29 PM
No one gives a crap about China anymore.  There are no more weak hands left.

The problem is not more Chinese dumps, but the lack of fresh Chinese money to sustain an uptrend to the moon.

Bitcoin doesn't depend on fresh Chinese money to sustain an uptrend, the world is bigger than just China. The November rally of last year was for the most part caused and sustained by Chinese investors yes, but that doesn't mean that the next big rally will have to originate from China as well. It can come from anywhere, but my bet is the US will spark the next one.


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: jamesc760 on May 01, 2014, 04:51:20 PM
Why's the btc price rising??? BTC > $450 and going up... OP is SO wrong!


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: Jcw188 on May 01, 2014, 04:53:13 PM
Seems like the news in China can't get much, if any, worse.  Seems like the next thing is more acceptance and/or big money institutions coming into the market, which should raise price, at least slowly.


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: yomofo on May 01, 2014, 06:05:38 PM
Why's the btc price rising??? BTC > $450 and going up... OP is SO wrong!

http://www.reddit.com/r/BitcoinMarkets/comments/24h1y1/btc_china_is_still_accepting_bank_deposits_china/

because exchanges are still accepting bank deposits.


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: zoinky on May 01, 2014, 06:10:26 PM
Cool list, can you make them a color with more contrast against black than purple? I'm blind!


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: UnDerDoG81 on May 01, 2014, 06:10:36 PM
Who the hell cares about China anymore... Go on, weak hands sold on first and second ban...


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: kooke on May 01, 2014, 06:18:55 PM
Why's the btc price rising??? BTC > $450 and going up... OP is SO wrong!

http://www.reddit.com/r/BitcoinMarkets/comments/24h1y1/btc_china_is_still_accepting_bank_deposits_china/

because exchanges are still accepting bank deposits.

Could this be one of those bans that nobody cares to enforce? Or maybe the banks are waiting for the right moment to launch an ambush against the exchanges.


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: leopard2 on May 01, 2014, 06:26:30 PM
as long as there is cash and living people in China they can trade BTC


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 02, 2014, 05:41:44 PM
Why's the btc price rising??? BTC > $450 and going up... OP is SO wrong!

EDIT: Agricultural Bank of China, added

http://www.abchina.com/cn/PublicPlate/ServiceNotice/201405/t20140507_467297.htm

 
Cheers James, appreciate your thoughts! I don't know what ultimately controls BTC's price index. All I know is that it appears media sensitive and that many people have attributed recent BTC price drops due to PBOC enforcement.
This is the reason I express an interest in this area.

I think this is significant because current workarounds (voucher code deposits/atm withdrawal/deposit) employed by other exchanges are now sustainably questionable.


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 02, 2014, 05:58:25 PM
Cool list, can you make them a color with more contrast against black than purple? I'm blind!

Thanks zoinky, no problem - Will continue to update, hopefully the other remaining banks will continue to serve our fellow Chinese bitcoiners


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 02, 2014, 06:02:40 PM
huaxia bank
http://www.google.com/translate?hl=en&ie=UTF8&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.hxb.com.cn%2Fchinese%2Fcallcenter%2Fshow.jsp%3Fcid2%3D691118%26id%3D13986536615280489

EDIT: Hua Xia Bank - added

YoMoFo!!!  :D   Cheers for link - updated


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: yomofo on May 04, 2014, 06:46:53 AM
agricultural bank of china has not made the official bitcoin public announcement yet.  They will soon though.

https://twitter.com/BitbearYolo/status/462844802413776897


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 04, 2014, 06:39:45 PM
agricultural bank of china has not made the official bitcoin public announcement yet.  They will soon though.

https://twitter.com/BitbearYolo/status/462844802413776897

Yeah right on! May have been just branch specific?

There are some articles on web regarding official notification from them to btctrade (exchange).

http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CC0QFjAA&url=http%3A%2F%2Fwww.reuters.com%2Farticle%2F2014%2F04%2F11%2Fus-china-bitcoin-idUSBREA3A11J20140411&ei=YYhmU-KzK6uZ0QWw04HwBQ&usg=AFQjCNEG_WCa0IyST-4QNZB1Jr_SRt0vIQ&sig2=50EFuX60riivJRyQ_w3RKg&bvm=bv.65788261,d.d2k


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 04, 2014, 06:42:45 PM
Assume most Chinese bitcoiners are using ICBC and China CITIC banks for now.

Guess business is going great for them until the 10th May deadline


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: MatTheCat on May 04, 2014, 07:07:07 PM
No one gives a crap about China anymore.  There are no more weak hands left.

Ohh Reallllly!?

Such a shame that your unqualified rabid opinion has absolutely no impact on the reality of the Bitcoin market otherwise now might be a good time to go long. But guess what? Now is a terrible time to go long!

I have observed endless rabid posts of yours screaming blue denial into the direction of the prevailing winds for several weeks now. Has the fortitude of your personal 'convictions' that:

A) There are no more weak hands
B) Nobody cares about China
C) Gox is priced in
D) People selling Bitcoins at $550. $500, $450, $400 etc, are idiots
E) The trend has reversed
F) Bitcoin is now in Bull market
G) etc etc etc rant rant rant

helped to change the reality of the forces guiding the market? Who are you trying to convince that the tide has turned? Fellow forum members thinking of investing/selling? The market itself, yourself, god?





Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 05, 2014, 05:09:45 PM
EDIT: Exim Bank Added.

Not 100% sure about this one? Think accounts here are not available to the general public:

The Bank's main mandate is to facilitate the export and import of Chinese mechanical and electronic products, complete sets of equipment and new- and high-tech products, assist Chinese companies with comparative advantages in their offshore project contracting and outbound investment, and promote international economic cooperation and trade.


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 05, 2014, 05:23:06 PM
No one gives a crap about China anymore.  There are no more weak hands left.

Ohh Reallllly!?

Such a shame that your unqualified rabid opinion has absolutely no impact on the reality of the Bitcoin market otherwise now might be a good time to go long. But guess what? Now is a terrible time to go long!

I have observed endless rabid posts of yours screaming blue denial into the direction of the prevailing winds for several weeks now. Has the fortitude of your personal 'convictions' that:

A) There are no more weak hands
B) Nobody cares about China
C) Gox is priced in
D) People selling Bitcoins at $550. $500, $450, $400 etc, are idiots
E) The trend has reversed
F) Bitcoin is now in Bull market
G) etc etc etc rant rant rant

helped to change the reality of the forces guiding the market? Who are you trying to convince that the tide has turned? Fellow forum members thinking of investing/selling? The market itself, yourself, god?





Appreciate both your opinions, personally I agree with Mat and believe Bitcoin should be freely available to everyone. That's why I care about Chinese bitcoiners.

Let's keep this thread Factual and update with official/formal notifications  :)



Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 06, 2014, 03:05:20 AM
BTCChina update from Full Member: YoMoFo

https://bitcointalk.org/index.php?topic=597220.0


I have also emailed a contact at BTCChina requesting a full list of currently working banks.

Response to follow...


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: yomofo on May 06, 2014, 03:14:09 AM
China Everbright Bank bans bitcoin

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
  Release date :2014 -05-06 

http://www.reddit.com/r/Bitcoin/comments/24u1jw/china_everbright_bank_bans_bitcoin_5614/


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: yomofo on May 06, 2014, 03:16:45 AM
Ping An Bank

http://bank.pingan.com/about/gonggao/1399343075421.shtml

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
  Release date :2014 -05-06 


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: kireinaha on May 06, 2014, 03:18:40 AM
China Everbright Bank bans bitcoin

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
  Release date :2014 -05-06  

http://www.reddit.com/r/Bitcoin/comments/24u1jw/china_everbright_bank_bans_bitcoin_5614/

http://www.reactiongifs.com/wp-content/uploads/2013/08/wtf.gif

...What the hell is happening?


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 06, 2014, 03:57:07 AM
EDIT: China Everbright Bank, added

EDIT: Ping An Bank, added

Summary article: http://www.cryptocoinsnews.com/news/two-chinese-banks-announce-will-cancel-accounts-associated-bitcoin-litecoin/2014/05/06



Thanks for links YMF!


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 09, 2014, 12:43:55 AM
EDIT: China Guangfa Bank and Shanghai Pudong Development Bank Co Ltd, added

http://rt.com/business/157732-bitcoin-china-trading-platforms/


Title: Re: List of Chinese Banks - Will more follow? BTC =<$350
Post by: RockHound on May 09, 2014, 12:49:39 AM
EDIT: Industrial and Commercial Bank of China Ltd. (ICBC), added

http://www.dailytimes.com.pk/business/09-May-2014/china-s-largest-bank-icbc-bars-services-for-bitcoin

This is the worlds largest bank by assets  :-\